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20120928
20121006
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KQEH (PBS) 1
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PBS
Sep 28, 2012 12:00am PDT
billions from government spending, the country ached when they also announced 43 new laws they say will fix the economy, the people shrugged. no one really believes that will work, because spaniards aren't working-- that's the problem-- unemployment is rampant now over 25%. whilst the property crash that started the crisis is still festering. further austerity measures will simply suck more money out of the economy and threaten an even deeper recession. spain is trying to save a total of 40 billion from its budget which will hurt. it won't be as excruciately painful as a new round of cuts in greece. they are trying to save an extra 12 billion from a budget that has already been pared to the bone. no one is spared the pain greece not even the most vulnerable. disabled protestors took to the streets today pleading for their benefits not to be cut further. they can no longer even afford the medicine they need they say. >> sreenivasan: the greek government today came to basic agreement on $15 billion worth of cuts in spending over the next two years. the country needs to make the cuts if it wan
Search Results 0 to 0 of about 1